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A Structural Analysis of Media Convergence: Cross-Industry Mergers and Acquisitions in the Information Industries

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  • Bum Soo Chon
  • Junho Choi
  • George Barnett
  • James Danowski
  • Sung-Hee Joo
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    Abstract

    This article analyzes structural changes in the information industries including publishing, broadcasting, film, cable, telephony, software and data processing, and the Internet in the era of "convergence" before and after 1996. The cross-industry network structure was mapped using annual data on mergers and acquisitions among information industry firms obtained from the Journal of Mergers and Acquisitions. A comparative network analysis of these ownership transactions indicated that the consolidating structure of information industries after 1996 was affected by both deregulation and digitization, and that telephone corporations played the most central role in the transformation of the information industries. As well, cable and Internet industries noticeably transformed their industrial relations over this time period.

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Journal of Media Economics.

    Volume (Year): 16 (2003)
    Issue (Month): 3 ()
    Pages: 141-157

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    Handle: RePEc:taf:jmedec:v:16:y:2003:i:3:p:141-157

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    Cited by:
    1. Stefano Basaglia & Leonardo Caporarello & Massimo Magni & Ferdinando Pennarola, 2009. "Individual adoption of convergent mobile phone in Italy," Review of Managerial Science, Springer, vol. 3(1), pages 1-18, March.
    2. Budzinski, Oliver & Wacker, Katharina, 2007. "The prohibition of the proposed Springer-ProSiebenSat.1-Merger: how much economics in German merger control?," IBES Diskussionsbeiträge 160, University of Duisburg-Essen, Faculty for Economics and Business Administration.
    3. Chung Chung & George Barnett & Han Park, 2014. "Inferring international dotcom Web communities by link and content analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(2), pages 1117-1133, March.

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